The global automotive bearings market was valued at $31,606.67 million in 2019, and is projected to reach $48,415.95 million by 2027, registering a CAGR of 6.8% from 2020 to 2027. By vehicle type, the passenger car segment was the highest revenue contributor in 2019, accounting for $18,801.9 million, and is estimated to reach $28,369.8 million by 2027, registering a CAGR of 6.6% during the forecast period. In 2019, Asia-Pacific was anticipated to account for major market share.